Company Announcements Rubicon Genomics completed a $2 million growth capital financing in July. Company sales grew 40% in the first half of the year. In July, Oxford Nanopore Technologies raised £70 million ($109 million) in new funding through a private placement of ordinary shares, bringing its total funds raised to £251 million ($392 million). In […]

Company Announcements The Wistar Institute and Rockland Immunochemicals announced in July a partnership for discovery and research, including value-added collaborative opportunities to advance work across the translational gap. Axiogenesis, a provider of tissue-specific human cell types, signed a sublicense agreement with GE Healthcare to use human IPSCs, enabling it to develop cellular assays and models […]

This month, the main German agency for research funding, the DFG, reported results of the country’s Excellence Initiative. Begun in 2006, the program will spend €4.6 billion ($5 billion) over 11 years to strengthen prestigious German universities. From 2011 to 2013, 45 institutions received more than €1 billion to run graduate programs and establish clusters […]

Company Announcements Debiopharm acquired Spinomix’s FibroTrap sample processing technology in June and will develop it for diagnostics applications. In August, Pressure BioSciences announced a two-year collaboration with the Institute of Bioinformatics in Bangalore, India for proteomics research. In September, Phenomenex and Tecan announced a collaboration to comarket Phenomenex’s Strata and Strata-X SPE sorbents adapted to […]

Company Announcements In July, Shimadzu established the 672 m2 SSI Innovation Center at its US subsidiary in Maryland to foster more joint research and collaborative projects with customers. The 26-employee Center consists of the Strategic Collaboration Development Group, Research and Development Group and Application Development Group. A $20 million investment is planned over the next […]

Funding for science in Brazil is suffering due to the country’s economy and debt. The projected 2015 budgets of the Ministry of Science and the Ministry of Education, which funds graduate students, have been cut 25% from BRL 7.3 billion ($2 billion) and 9% from BRL 48.8 billion, respectively. The cuts are a result of […]

The Chinese government is spending over $200 billion annually on R&D, or about 2% of GDP. But, in many ways, the funding is applied ineffectively. For example, while government incentives have prompted patent filings, when controlling for quality, patent numbers fall short of many other countries’. According to the World Bank, state-owned enterprises have shown […]

This month, the US FDA released its final Food Safety Modernization Act (FSMA) Preventive Controls for Human Food rule. Facilities subject to the rule must identify biological, chemical and physical hazards to food and institute preventive measures, such as sanitation controls and recall plans. The oversight of the controls consists of monitoring, corrections and verification, […]

Over the last several years, after the fall of iron ore and coal prices, mining companies have reduced spending on projects and exploration. Some major firms have cut capital spending by more than half. Now some investors are pushing companies to seek growth opportunities, believing that the current strategy leads to missed opportunities. One type […]

The American Society of Clinical Oncology (ASCO) last month released its policy statement on genetic and genomic testing for cancer susceptibility, updated in light of advances in NGS. The statement made recommendations in several areas. For example, ASCO encouraged providers to create and institute plans to determine and respond to patients’ preferences for receiving information […]